What Amount of Property Insurance Coverage Is Needed to Equal

question 32

Multiple Choice

What amount of property insurance coverage is needed to equal 80% of the property value of a home valued at $162,000?

• A) $129,600.00
• B) $12,960.00
• C) $1,296.00
• D) $129.60

---

Definitions:

Afferent Arterioles

Small arteries that lead towards the capillaries in the kidneys, playing a key role in regulating blood pressure and filtration rate.

Angiotensin II

A potent vasoconstrictive peptide hormone that plays a crucial role in regulating blood pressure and fluid balance in the body.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price within a specified period.